Wednesday, April 17, 2013

To eat or not to eat-- that is the question
Whether 'tis nobler in the mind to forgo
The fat and sugar of unhealthy baking
Or to take forks against a cake of birthday
And by consuming end it. To eat, to sleep-
And snore-- and by a sleep to say we nap
With heartburn, and the risk of diabetes
That flesh is heir to. 'Tis a birthday outcome
Devoutly to be wished. To eat, to sleep--
To sleep--perchance to dream: ay, there's the rub,
For in that nap of cake what dreams may come
When we have shoveled down this birthday cake,
Must give us pause. That's the respect
That makes calamity of too much cake.

Monday, April 15, 2013

The
Man Hug is a social convention by which men express affection. It should
be reserved for use among male family members or other men whom you
would trust to help you kill a guy and dispose of the body. Casual
friends or acquaintances get a head nod upon meeting, while more formal associates get a
handshake. Friends in a formal setting might get both a head nod and a
handshake, and maybe a fist bump hidden from your boss if you're at
work. To avoid accidentally straying from the bounds of heteronormative behavior, certain rules are followed at each stage of the Man Hug.

The Approach

Get the other man's
attention. Usually this is done by calling their name and spreading
your arms like a bear about to attack. This announces your intention to
hug them and will either be met by a similar response on their part if
they accept the proposed Man Hug, or an extended hand for a handshake if your
proposed Man Hug is rejected. Grabbing an extended hand to turn a
handshake into a Man Hug awkwardly forces things and will likely result
in them avoiding you in the future. It's like when that guy you were
talking to just to be nice tells you that you're his best friend. Don't
be that guy.

Contact

The Man Hug involves
very little actual contact, mostly at the right shoulder. Don't stand
up straight; bend slightly forward at the waist and tilt to your left. Anything below the solar plexus should not be touching. Rainbows are
straighter than two men hugging each other with full body contact. Arm
position is important, as hugging another person with your arms above theirs is easiest when you are larger than they are, so there are implications of protectiveness. Women and children, having typically less height and a shorter arm span, find it easier to position their arms underneath when hugging a man. Because it is impossible for both men to hug with their arms
in the typical masculine position, it is possible to unwittingly set off a power struggle for the position of alpha male as one of the men is forced to hug like a girl. To avoid inadvertently challenging another male for social dominance and to minimize physical contact, it is necessary to use a crossed position facilitated by the waist-tilting mentioned earlier. This allows
both of you to have your right arm extending around the other man's
back above his left arm, which should dangle unused after the attacking
bear approach stance, or used to pound on the other man's back along
with the right arm, like you are riding an imaginary motorcycle turning
left. Grimace or otherwise wear a tough expression if you are hugging a man who is not a relative.

Break

If
one man ends a Man Hug unexpectedly before the other man is ready, it
can make for an awkward scene where one man appears to be clinging to
another who is trying to get away. Hugging another man is awkward
enough as it is, so a non-verbal signal to break the Man Hug has
developed: the back pound. This is typically done two or three times,
either as an open handed slap on the back or as a closed fist if you
want to be extra manly. If done properly, both men will disengage the
Man Hug simultaneously, take a step back to reestablish normal personal
space and begin conversing in a lively manner about topics which affirm their mutual heterosexual status so that nobody who saw the Man Hug gets the wrong idea. If you ever see a situation where one man is clinging to a second man
who is repeatedly pounding on the first man's back while rolling his
eyes, it's because the first man is ignoring the signal to break. He'll
be getting a handshake next time.

Saturday, April 13, 2013

I decided to write this post after seeing a series of excellent Venn diagrams showing how common it is for politicians and their staff to overlap with the private sector they are regulating. For example, William Daley was Obama's White House Chief of Staff and Clinton's Secretary of Commerce, but he was also on the Boeing board of directors and the Executive Committee of JPMorgan Chase & Co.

This type of situation leads to something called regulatory capture, where regulatory agencies are used to advance the interests of the industries (or specific companies within an industry) that they are supposed to be regulating. Politicians can be hired after they held office (often for a considerable amount of money) or they can go from the company into a political position, or at worst they can hold both positions at the same time, but the corrupting influence is still there.

I suspect that most Democrats believe that this is a problem with Republicans and that Democrats will keep those regulatory agencies in line. Well, not really. If you look at those diagrams, you'll notice that the vast majority of people on them are given their positions by Democrats. Just look at all of those Goldman Sachs employees holding important positions under Obama. I don't know if there is some selection bias by the person who made the diagrams, so it's entirely possible that for every CEO, lobbyist, or "director of govt. relations" that a Democrat takes on board there are three more hired by Republicans. Ultimately, that just makes my point stronger: no matter who is in charge of regulations, regulatory agencies will be used to serve the interests of the industries they should be regulating. If you think that the Republicans will be even worse about this than the Democrats are, then that's all the more reason to dismantle the regulatory apparatus before the Republicans get their hands on it again.

Regulatory capture has more malign effects than just getting regulators to turn a blind eye. Regulations can allow the company with the most political influence to use those regulations to cripple its competitors. For example, tobacco companies know that with the ban on tobacco advertizing, they don't have to worry about new competition showing up to challenge them. Wal-Mart, as I mentioned in my post on the minimum wage, supports an increase in the minimum wage because they already pay more than that while many of their competitors do not. Regulations are a path to corporate hegemony, wherein powerful corporations offer their support to politicians in exchange for regulation that favors them over their competition, or which simply hits their competition harder.

In the absence of regulation, companies compete on the basis of their ability to make a good product, advertize it well, and sell it at a competitive price. The selective pressure of a market economy ensures that without being able to do those things, a company will fail and those resources will be allocated elsewhere, so companies that thrive will tend to be pretty good at what they do, and the rest of us benefit from this. With regulation, the company's political pull becomes relevant as well. As the power of regulatory agencies grows, political influence grows in importance. This means that in a highly regulated environment, political influence alone can determine whether a company succeeds or fails. The Holy Grail of this, for companies, is being deemed "too big to fail" whereupon bailouts and heavy regulations enshrine them as a permanent fixture in the economic and political landscape. The nature of the selective pressure in a highly regulated environment will ensure that companies are good at either getting regulation that favors them or getting around regulation that doesn't, but they won't necessarily be very good at making and selling good products at a competitive price because the relative importance of those things is diminished. Naturally, larger companies will find it easier to exercise political influence, so regulations will tend to favor them and the economic landscape will shift toward larger and larger companies.

The solution to this corrupt intermixing of companies and government is to limit the power of regulation. It's fine if you don't trust companies; I don't either. They are looking out for their own interests first and foremost, and nothing will change that. The important thing to realize is that regulation isn't going to make them more efficient or socially responsible or "green" or whatever it is that you care about; it's only going to replace economic criteria for success with political criteria. It gives them incentives to get heavily involved in the political process and make regulations that are worse than nothing. Regulation does not limit the power of companies because it is the most powerful companies that make the regulation in the first place, even under a president who loves to play up the notion of "Wall Street vs Main Street" and then take a populist position. Politicians who are heavily involved in this corrupt process will insist that regulation keeps companies in check, when in reality limiting the power of regulation limits the power of companies to use that regulation to their own benefit at the expense of everyone else.

This is not to say that companies should not be bound by the law. Rather, the law should arise directly from the legislative body itself rather than having that responsibility delegated to regulatory agencies or subcommittees. It's a lot harder to buy off enough Congressmen to enact favorable legislation (although certainly not impossible; Monsanto has given jobs to at least two former Congressmen, as have tobacco companies) than it is to swing a vote in a subcommittee someplace, many of which meet behind closed doors for even less transparency in their proceedings.